Drive Prosperity with PolicyStreet’s Renew & Huat Lucky Draw

9 February 2026

KUALA LUMPUR: Malaysians are preparing to return to their hometowns for festive reunions, and PolicyStreet is encouraging drivers to stay ahead of the game when it comes to protection by renewing their car insurance early or on time, with the launch of its Renew & Huat RM8,888 Lucky Draw.

Running from 6 to 28 February, the campaign rewards timely and early car insurance renewals during the festive season with automatic entries into a lucky draw. Each successful renewal via PolicyStreet’s platform gives drivers the chance to win RM8,888 in cash, making early renewal a particularly rewarding way to start the Chinese New Year.

"Protection is the best form of prosperity. As more vehicles hit the roads this festive period, renewing insurance early is a simple way for drivers to safeguard themselves and their loved ones financially. Through Renew & Huat, we’re encouraging drivers not to horse around with their coverage, while offering a little extra luck as they charge into the new year," said Yen Ming Lee, Group Chief Executive Officer of PolicyStreet.

In addition to the Lucky Draw, drivers renewing their car insurance between 1 and 24 February can enjoy extra festive savings through PolicyStreet's 10+10 Promotion. Available daily from 10am to 11am and 10pm to 11pm, the promotion offers an uncapped 10% discount on premiums after No-Claim Discount (NCD), plus an additional RM10 off the final bill, particularly beneficial for drivers with higher premiums.

From 25 to 28 February, customers renewing during this period can also benefit from free road tax, capped at RM90 per vehicle. This offer provides added value for drivers with lower premiums, helping offset renewal costs while ensuring they remain protected during their festive travels.

For policies with premiums of RM1,000 and above, renewing during the 10+10 Promotion can unlock savings of at least RM110. Meanwhile, drivers with lower premiums may find more value in the Free Road Tax offer, available during the campaign. Both promotions can be combined with the Renew & Huat RM8,888 Lucky Draw.

With Chinese New Year often bringing increased household expenses, from festive shopping to ang pow preparations, PolicyStreet offers various Buy Now Pay Later (BNPL) options such as Atome, SPayLater, and Grab PayLater. Credit card users can also opt for instalment plans, making it easier to stay protected on the road without financial stress during the holiday season.

As the Year of the Horse symbolises speed, endurance, and safe passage, PolicyStreet’s Renew & Huat campaign combines festive cheer with the joy of savings and prosperity, reminding drivers that the smartest journeys start with the right protection in place.